Julia Roberts Sells Malibu Estate For A Price Of $8 Million
Julia Roberts continued her real estate switch-up with her most recent Malibu estate sale. According to The Los Angeles Times, she purchased the property for $6.84 Million during an off-season sale in 2015. Now, the celebrity has sold the three-bedroom dwelling for $8 Million. The deal reportedly used the same trust that she used in acquiring a 100-year-old San Francisco Victorian home earlier this year.
Although there aren’t a lot of details about the purchase, it is known that the house she just sold is situated on an approximately one-acre lot right across the street from her home in the Point Dume area. Check out more of its features down below!
A Beach Getaway
The Malibu property has an open grassy field, lush gardens, and a riding ring, which can be reached through a gated entry. As an informal beach bungalow, it doesn’t really have a traditional front door, so guests are expected to enter from the sliding door that opens right into the casual dining room.
The sunny abode also has a bright kitchen that contains high-quality stainless steel appliances. Other highlights of this 1,770-square-foot home are its wooden floors and bare beam ceilings. Plus, it also has a living room with a stone furnace.
What’s Special About This Malibu Home?
The real value of the property is its location. This pancake-shaped house is fully horizontal, with vast lawn areas and a higher border for privacy. A splendid splash of bougainvillea abounds, and there are relaxing areas for private and outdoor spaces such as reading, relishing life, or enjoying a romantic time with a summer lover.
You’ll be shocked to know, though, that the couple wasn’t able to live in their recently sold house, even for a night. Also, as we mentioned, the Malibu residence is just across the street from the other beach house that the Academy Award-winner and her spouse, Danny Moder, bought for $9.5 million back in 2003.
Julia Roberts Is A Pro At Real Estate
The Pretty Woman star has slain the real estate game for quite a while now, and she owns yet another residence in the beachfront domain, a one-story ranch-style home worth $3.895 million. The three-bedrooms, one-bathroom abode, which she has put up for rent at $10,000 per month, leads to the secluded beach called Little Dume.
On top of her Malibu estates and the $8.3 million Victorian home in San Francisco, Roberts also owns a private ranch in Taos, New Mexico. She has a multi-acre holiday house in Hawaii, as well.
More in Loans & Mortgages
-
Ashton Kutcher’s Lucrative Business Ventures
Ashton Kutcher, a name that resonates with the silver screen’s allure, has emerged as a master of diverse talents, not confined...
December 8, 2023 -
Why American Consumers Are Falling Behind on COVID-Era Debt
When the world was grappling with the health crisis brought on by COVID-19, the U.S. economy faced an equally formidable challenge:...
November 27, 2023 -
Dr Dre and Ex-Wife Nicole Young Finalise $100m Divorce Settlement
After months of legal proceedings, Dr Dre, the legendary rapper, producer, and businessman, officially brought his tumultuous divorce from ex-wife Nicole...
November 22, 2023 -
5 Tell-Tale Signs That It Is Time to Say Goodbye to Your Current Job
Are you feeling like your job is more like a ball and chain than a fulfilling career? The daily grind, the...
November 19, 2023 -
WWE Signs $1.4 Billion Broadcasting Contract for SmackDown
In an explosive turn of events, World Wrestling Entertainment (WWE) has just unleashed some earth-shattering news for its legions of fans....
November 9, 2023 -
Navigating the Mortgage Maze as Interest Rates Take a Historic Leap
The U.S. housing market is nothing short of a dynamic entity. It evolves, reacts, and sometimes, just like the current real-estate...
November 3, 2023 -
Celebrity Couples Where the Woman Has a Higher Net Worth
In a world where gender roles and financial dynamics constantly shift, it’s not unusual to find celebrity couples where the woman...
October 27, 2023 -
Why the Gender Pay Gap Could Be Worsening
Picture this: Two college students, Alex and Charlie. Both are bright, have the same interests, and are ready to embrace the...
October 19, 2023 -
JC Penney’s Remarkable $1 Billion Revival Plan
In a remarkable turnaround, JC Penney unveiled a bold $1 billion revival plan, breathing new life into a brand that faced...
October 12, 2023
You must be logged in to post a comment Login